216 Sundown Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Keller Williams Syracuse | $199,900 | |
| Listed by Keller Williams Syracuse | |||
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Welcome to your outdoor enthusiast's dream property! Nestled in a tranquil country setting, this turnkey home offers the perfect blend of comfort, convenience, and natural beauty. Situated on 5 acres of picturesque land, this property includes a 3-bay garage, fenced yard, fruit trees, and hiking/atv trails leading to a tranquil pond. Step inside to discover a meticulously maintained interior, featuring an owner's suite for ultimate privacy and relaxation. The recently updated bathrooms exude modern elegance, while the new kitchen appliances ensure both style and functionality. The full walkout basement complete with a finished bonus room and newer pellet stove offers endless opportunity for the new owners. For car enthusiasts or hobbyists, the spacious 3-bay car garage with electric provides ample storage and workspace. Whether you're seeking a peaceful retreat or a space to indulge in outdoor adventures, this ranch home offers the perfect escape from the hustle and bustle of everyday life.
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| May 22, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017